PagBank expands bill payment service with Pix and Boleto installments

The PagBank, a full-service digital bank in financial services and payment methods, elected the best business account by iDinheiro portal and one of Brazil's leading digital banks, has expanded its bill payment service with Pix and Installment Boleto, now making them available to all its customers. The functionality can be accessed directly through the digital bank's application, allowing any customer to split their Pix transfers or Boletos into up to 12 installments on their credit card.  

This innovation offers more autonomy, flexibility, and financial organization to PagBank customers, who can now choose how and when to pay their bills, even without immediate account balance. “We are committed to developing technologies that bring innovation and practicality to our products and services. The expansion of the bill payment feature, now with Pix and Installment Boleto, reinforces this commitment and is already available to all our 32 million customers,” states Angelo Aguilar, Director of Account and Acquirer Products at PagBank.” 

The proposal combines speed, practicality, and control: the customer conducts the transaction like a traditional Pix or settles a Boleto with their credit card, with the total amount divided into installments charged directly to the invoice. Everything is done with a few clicks, securely, and entirely digitally.  

The Pix and Installment Boleto services are already available to all customers. To use them, the customer simply needs to register an eligible credit card in the PagBank app and select the installment option at the time of the transaction.  

One of the country's largest digital banks in terms of customer numbers, PagBank offers tools for in-person and online sales (such as card machines; Tap On – which turns the cell phone into a card machine with the PagBank app; payment links; checkout options for e-commerce, among others), complete digital accounts for individuals and legal entities, in addition to features that contribute to financial management, such as Payroll. At PagBank, the credit card has a guaranteed limit, and investments become credit limit for the card itself, enhancing customer earnings.